In the past week, CCK stock has gone down by -4.83%, with a monthly decline of -3.08% and a quarterly plunge of -8.68%. The volatility ratio for the week is 2.86%, and the volatility levels for the last 30 days are 2.48% for Crown Holdings Inc. The simple moving average for the last 20 days is -5.82% for CCK stock, with a simple moving average of -7.03% for the last 200 days.
Is It Worth Investing in Crown Holdings Inc. (NYSE: CCK) Right Now?
Crown Holdings Inc. (NYSE: CCK) has a higher price-to-earnings ratio of 15.40x compared to its average ratio, and the 36-month beta value for CCK is at 1.06. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 3 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for CCK is $99.13, which is $22.12 above the current market price. The public float for CCK is 117.79M, and currently, shorts hold a 2.71% of that float. The average trading volume for CCK on May 26, 2023 was 874.35K shares.
CCK) stock’s latest price update
Crown Holdings Inc. (NYSE: CCK)’s stock price has decreased by -1.39 compared to its previous closing price of 79.25. However, the company has seen a -4.83% decrease in its stock price over the last five trading sessions. The Wall Street Journal reported on 11/02/22 that Carl Icahn Has More Than 8% Stake in Crown Holdings
CCK Trading at -3.07% from the 50-Day Moving Average
After a stumble in the market that brought CCK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.47% of loss for the given period.
Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 2.86%, as shares sank -7.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.19% upper at present.
During the last 5 trading sessions, CCK fell by -4.83%, which changed the moving average for the period of 200-days by -14.87% in comparison to the 20-day moving average, which settled at $82.64. In addition, Crown Holdings Inc. saw -4.94% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CCK starting from MILLER JAMES H, who sale 9,300 shares at the price of $84.86 back on May 05. After this action, MILLER JAMES H now owns 19,801 shares of Crown Holdings Inc., valued at $789,154 using the latest closing price.
Kalaus Christy L., the VP & Corp Controller of Crown Holdings Inc., sale 500 shares at $93.90 during a trade that took place back on Sep 08, which means that Kalaus Christy L. is holding 4,894 shares at $46,950 based on the most recent closing price.
Stock Fundamentals for CCK
Current profitability levels for the company are sitting at:
- +9.72 for the present operating margin
- +14.01 for the gross margin
The net margin for Crown Holdings Inc. stands at +5.61. The total capital return value is set at 13.78, while invested capital returns managed to touch 8.58. Equity return is now at value 33.70, with 4.30 for asset returns.
Based on Crown Holdings Inc. (CCK), the company’s capital structure generated 390.05 points at debt to equity in total, while total debt to capital is 79.59. Total debt to assets is 50.43, with long-term debt to equity ratio resting at 377.56. Finally, the long-term debt to capital ratio is 77.04.
When we switch over and look at the enterprise to sales, we see a ratio of 1.26, with the company’s debt to enterprise value settled at 0.42. The receivables turnover for the company is 6.87 and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
In conclusion, Crown Holdings Inc. (CCK) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.